Under the contract, Lockheed will install solar photovoltaic generation, lighting upgrades and controls, chiller plant upgrades, building automation system optimization and transformer upgrades.

The investment cost of $15 million by the embassy will result in more than $36 million in energy costs over 25 years, the company said.

Lockheed said the contract received in the form of a task order under the Department of Energy's Energy Savings Performance Contracts vehicle that allows federal agencies to accomplish energy savings projects without up-front capital costs -- money saved through upgrades repay the cost of the projects, which are financed through third-party loan.

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